About Us
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:
Integrity Work honestly, to enhance TransRe’s reputation
Respect Value all colleagues. Collaborate actively.
Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths
Entrepreneurship Seize opportunities. Innovate for and with customers.
Customer Focus Anticipate their priorities. Exceed their expectations.
We have the following job opportunity in our New York City office:
Description
We are seeking an experienced reinsurance claims examiner to manage a portfolio of Directors & Officers (D&O) and Errors & Omissions (E&O) claims in our New York City office. This position is a great opportunity for experienced claims examiner to assume responsibility for a significant book of business. Responsibilities will include, but not be limited to:
- Analyzing and determining coverage for complex D&O, E&O, and professional liability reinsurance claims, including interpreting treaties and facultative certificates and evaluating allocation, limits, exclusions, and extra-contractual exposures.
- Reviewing underlying policies, pleadings, and claim documentation to assess coverage triggers and overall claim exposure.
- Managing the full lifecycle of claims, including establishing and maintaining reserves and overseeing financial transactions in accordance with contract terms and internal guidelines.
- Reviewing and processing cedant reporting (e.g., bordereaux, advices, cash calls), ensuring accuracy, completeness, and proper application of reinsurance agreements.
- Monitoring claim developments and adjusting strategies and reserves as appropriate.
- Preparing clear and concise claim summaries, large loss reports, and management updates to support internal and external stakeholders.
- Conducting cedant audits and portfolio reviews, identifying trends, emerging risks, and reserving issues, and providing actionable insights to underwriting and claims leadership.
- Partnering with cedants, brokers, underwriters, actuaries, and finance teams to resolve complex claim issues and deliver insights that inform underwriting strategy and portfolio management.
- Supporting broader portfolio initiatives and monitoring industry trends and regulatory developments.
Requirements
- 5+ years of (re)insurance D&O and E&O claims handling experience, treaty and facultative
- JD degree is strongly preferred
- Strong analytical and writing skills
- Ability to work well independently and within a team
- Ability to travel as needed for claims audits and industry events
Work Schedule
TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.
Compensation
In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $120,000 – $200,000. This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.
Top Skills
TransRe New York, New York, USA Office
One Liberty Plaza, 165 Broadway, New York, New York, United States, 10006
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